31 Island WAY, #505, Clearwater, FL, 33767 | $299,999

Seller Highly Motivated! Experience the epitome of coastal living with breathtaking panoramic water views from this exquisite residence in Horizon House, located on Island Estates. This spacious 1-bed, 1-bath, 1, 005 sq ft co-op property is fully furnished and move-in ready, offering an unparalleled blend of luxury and convenience.
Horizon House has recently undergone significant upgrades, including the installation of a whole-building generator and a state-of-the-art security FOB system, ensuring enhanced security and peace of mind. The building's by-laws, requiring all-cash purchases for co-op shares, make Horizon House one of the best-kept secrets and greatest values in the 33767 area.
Enjoy spectacular east-facing views over Island Estates and downtown Clearwater through large windows that flood the unit with natural light. This community takes care of everything, with monthly fees that cover electric, water, basic cable, high-speed internet, sewer, trash, pest control, building maintenance, lobby attendant services, property management, HVAC service and maintenance, water heater upkeep, and access to a full-building generator. Additional amenities include a large heated pool, a stunning lobby, a community recreational meeting room, and a brand-new gym (2023).
This turn-key unit is ideal for part-time residents or snowbirds seeking a hassle-free lifestyle. Each unit comes with a private, spacious storage closet, and there’s a laundry room conveniently located on every floor. Horizon House is renowned for its meticulous maintenance, restricted rentals, and pet policies, allowing only service or therapy animals.
31 Island Way, the first building on the island, offers easy access to local amenities such as Island Way Grill, Publix, Urgent Care Center, UPS Store, sushi restaurants, convenience stores, Windward Bar Grill, and the famous Clearwater Marine Aquarium. Horizon House is managed by a dedicated full-time, on-site property manager and staff, who work closely with curated contractors to ensure the highest standards of care. Recent board-initiated improvements include energy-efficient boilers, upgraded A/C systems, elevators, a brand-new fitness center, enhanced entry security, and Miami Dade-spec windows on the lobby level.
Originally constructed to serve as a hurricane shelter, Horizon House provides unmatched security and stability, making it one of the best-maintained buildings on Island Estates. All these amenities are within a five-minute walk.

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 1
  • Amenities: Elevator(s), Fitness Center, Laundry, Lobby Key Required, Pool, Storage
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: Common Area
  • Complex: HORIZON HOUSE CO-OP
  • Year Built: 1962
  • Approx Sq. Feet: 1,005
  • Acreage: 2.81
  • Est. Taxes: $1,893
  • Condo Fee: $975 Monthly
  • Lot Desc: FloodZone, Sidewalk
  • View: Water
  • Elem. School: Sandy Lane Elementary-PN
  • Middle School: Dunedin Highland Middle-PN
  • High School: Clearwater High-PN
  • Pet Policy: No
  • Appliances: Built-In Oven, Range, Refrigerator
  • MLS#: U8253968
  • Days on Market: 28 days
  • Website: https://www.raveis.com
    /prop/U8253968/31islandway_clearwater_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 10/4/2024 9:07:43 AM)
Listing courtesy of RE/MAX REALTEC GROUP INC   Phone: 727-789-5555

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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31 Island WAY, #505, Clearwater, FL, 33767

$299,999

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $239,999 $239,999 $239,999
Term 360 months 360 months 180 months
Initial Interest Rate** 6.500% 6.125% 5.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.490% 6.297% 5.597%
Monthly Tax Payment $158 $158 $158
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,517 $1,458 $1,945
Total Monthly Payment $1,750 $1,691 $2,178

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.